In today’s interconnected world, geopolitical events often create ripple effects that reach far beyond their points of origin. For corporations, this interconnectedness means that events on the global stage can impact stakeholders, influence brand perception, and necessitate a response.

Navigating these waters requires careful consideration and strategic decision-making. For PR and Communications executives, the question becomes: when and how should we engage in corporate advocacy around a geopolitical issue?

This guide will help you determine the right course of action for your organization.

Download our supplemental worksheet, “Should I Speak Out?

1. Identify Which Stakeholder(s) This Geopolitical Issue Affects

The first step in addressing a geopolitical event is to identify the stakeholders impacted by the issue. Stakeholders can include employees, customers, investors, partners, and more. Each group may be affected differently, so understanding these nuances is crucial. For example:

  • Employees: Consider whether your employees are from or have ties to the region affected by the event. Their safety, well-being, and morale might be at stake.
  • Customers: Evaluate if your customer base includes individuals or businesses in the affected region. Consider their potential concerns and sentiments.
  • Investors: Assess whether investors are likely to be impacted financially or have ethical concerns about the geopolitical event.
  • Partners: Determine if your business partners operate in or are connected to the affected area, influencing supply chains or collaborative ventures.

2. Determine Which Values the Stakeholder Holds Regarding the Geopolitical Issue

Understanding the values and desired outcomes of your stakeholders is essential. This step involves gauging their perspectives and expectations regarding the geopolitical event.

Questions to Consider include:

  • Do stakeholder preferences vary by region? For instance, a geopolitical issue might be viewed differently in Europe compared to Asia.
  • Does the stakeholder’s values or outcomes overlap with a social or political stance? This could include issues such as human rights, environmental concerns, or economic impacts.
  • Has this stakeholder voiced concerns already?  This can be through direct communication, social media, or public statements. Listening to these voices can provide valuable insights into their priorities and expectations.

3. Answer Yes or No: Does our organization share any common values with the stakeholder, and does our organization support the stakeholder’s preferred outcomes?

After identifying stakeholder values, the next step is to evaluate your organization’s alignment with these values and outcomes.

  • Common Values: Analyze whether your organization’s core values resonate with those of your stakeholders. Shared values form the foundation for credible and authentic advocacy.
  • Support for Outcomes: Determine if your organization supports the preferred outcomes of the stakeholder. This alignment is crucial for building trust and ensuring that any corporate advocacy efforts are seen as genuine and not merely performative.

4. Answer Yes or No: Does our organization have a track record of specific actions that are consistent with its shared values with the stakeholder?

Consistency between words and actions is vital for credible corporate advocacy.

  • Internal Actions: Review your organization’s internal policies, initiatives, and culture. Have you historically taken actions that align with the values and outcomes of the affected stakeholders?
  • External Actions: Consider your organization’s external engagements, such as partnerships, community involvement, and public statements. A track record of external actions that support shared values enhances credibility and demonstrates a genuine commitment.

These are important to understand and align with, because failure to do so can lead to negative media coverage. For example, Meta, has been called out for overreaching with oversized censorship of content related to Palestine, which is out of line with their community guidelines.

5. Answer Yes or No: Does our organization have specific actions it can or will take?

Are those actions:

  • Impactful to the Geopolitical Issue: Assess whether your organization can take actions that meaningfully impact the geopolitical issue. This could involve financial contributions, advocacy, or operational changes.
  • Consistent with Shared Values: Ensure that these actions are consistent with the shared values between your organization and the stakeholders.
  • Able to Satisfy Stakeholder Outcomes: This involves understanding their expectations and aligning your actions accordingly.

For example, mere days after the Russian invasion of Ukraine, Shell announced its exit from approximately $3 Billion worth of stakes in Russian-situated assets, while Netflix suspended service in Russia. Both actions cost the corporations money, but were viewed positively by stakeholders who were against Russia’s actions.

Evaluating the Decision

For steps 3 through 5, if you answered YES to all, your organization has a story to tell that is impactful to the geopolitical conflict and your affected stakeholder.  You should engage in corporate advocacy.

If you answered NO to 1 or 2 questions: Assess the areas where your organization is falling short or disagrees with the affected stakeholder. Those are areas of potential risk to engaging in corporate advocacy that communicators should prepare for.

If you answered NO to ALL: It’s likely best that you don’t speak out. The risk of backlash from the stakeholder is greater than the reward.

Assessing Broader Implications

After completing steps 3 through 5 for each stakeholder group, ask yourself whether engaging in geopolitical advocacy will alienate or threaten your standing among other stakeholders. This is to ensure your stakeholders are aligned. This is relatively straightforward – if the answer is YES, it will alienate other stakeholders, then there’s high risk of backlash that you should prepare for. If the answer is NO, and your stakeholders are aligned, you should have a low chance of negative reactions and can feel comfortable speaking out.

Other Questions to Consider When it Comes to Corporate Advocacy:

  • Is this the first time you are speaking out? Consider the precedent you are setting. If this is the first time your organization is engaging in corporate advocacy, ensure that you have a robust strategy and clear communication plan.
  • Will speaking out now land with your stakeholders? Are you too late to the conversation? Timing is critical. Engage early to avoid being perceived as reactive rather than proactive.
  • Are you backing up your advocacy with specific actions? Advocacy without actions creates a risk of backlash. Where possible, ensure that your statements are supported by concrete actions to avoid being seen as insincere or opportunistic.

Planning Your Response

Prepare to communicate your shared values and your track record of actions to address concerns brought by disaffected stakeholders. This involves crafting clear, transparent, and empathetic messages that acknowledge their perspectives and outline your commitment to addressing the issues. At certain times, company values might dictate a response regardless of the outcomes of the above process, so your best course of action will be to prepare. Consider how you’ll respond to reactions, whatever they may be.

Conclusion

Engaging in corporate advocacy around geopolitical events is a complex and nuanced decision. By following this structured approach, PR and Communications executives can make informed choices that align with stakeholder values, support meaningful outcomes, and enhance organizational reputation. Remember, the key is to ensure that your advocacy is authentic, backed by action, and considerate of the diverse perspectives within your stakeholder community. Be prepared for potentially negative responses if your company values are at odds with what certain stakeholders may be looking for.

As you navigate this process, stay attuned to the evolving geopolitical landscape and be prepared to adapt your strategies. Effective corporate advocacy not only addresses immediate concerns but also builds long-term trust and credibility with your stakeholders.

To learn more about the research that supported the creation of this blog, contact us here.

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